Figma Stock Tumbles After First Earnings Report Since IPO Disappoints
1. Figma's Q2 earnings fell short of expectations, causing a stock drop. 2. Revenue forecast for Q3 underwhelmed analysts and investors alike. 3. Figma shares are highly valued, trading at nearly 200 times earnings estimates. 4. Wall Street shows mixed opinions; majority rated Figma as Hold. 5. AI advancements may provide growth opportunities despite investor concerns.